The development costs of the last remaining solar project to receive Contracts for Difference (CfD) funding have spiralled following the UK’s decision to leave the EU.
4eco has secured a buyer after entering insolvency back in July, with process controls manufacturer Amelec Instruments picking up the business for an undisclosed fee in an effort to enter the green energy sector.
SunEdison yieldco TerraForm Power has confirmed that discussions regarding the potential sale or merger of its business are underway, with an operational portfolio of 376MW of UK solar up for grabs.
Lightsource has begun supplying solar energy to Ming Foods through a 25 year power purchase agreement which stands to save the Chinese pastry specialist more than £20,000 from its annual energy costs.
Preparations are now gathering pace as the UK’s solar and clean energy industries prepare to meet at this year’s Solar Energy UK | Clean Energy Live exhibition, held at the NEC in Birmingham.
British Solar Renewables has continued its sell-off of major assets, selling the 50MW Owls Hatch solar farm to Canadian pension fund-backed Cubico Sustainable Investments.
Green utility Good Energy has warned that it expects future feed-in tariff customer growth to drop off, as it races to finish two1.2 ROC-eligible 5MW solar farms.
WELink Energy has completed the sale of its 61MW Swindon Solar Farm, developed by partners British Solar Renewables, to investment management firm Rockfire Capital.
